EXCLUSIVE: Russia's Izhmash may get Japanese loan for auto paint shop
Japan Bank for International Cooperation is considering lending roughly $80m for Russian automaker DOAO Izhmash-Avto to expand and modernise its paint shop, sources have told just-auto.com. The credit would enable Izhmash-Avto, based 1,325km east of Moscow in Izhevsk, to paint over 200,000 cars and light-commercial vehicles a year, according to a top executive at the automaker.
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